TECB vs. REW ETF Comparison

Comparison of iShares U.S. Tech Breakthrough Multisector ETF (TECB) to ProShares UltraShort Technology (REW)

TECB

iShares U.S. Tech Breakthrough Multisector ETF

TECB Description

The fund seeks to track the investment results of the NYSE FactSet U.S. Tech Breakthrough Index (the underlying index), which measures the performance of U.S. listed companies engaged in cutting edge research and development of products and services in the areas of robotics and artificial intelligence, cyber security, cloud and data tech, financial technology, and genomics and immunology. It generally will invest at least 90% of its assets in the component securities of the underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$54.80

Average Daily Volume

19,806

Number of Holdings ^*

164

* may have additional holdings in another (foreign) market

REW

ProShares UltraShort Technology

REW Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Dow Jones U.S. TechnologySM Index. The fund invests in derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times the inverse (-2x) of the daily return of the index. The index measures the performance of the technology sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$10.26

Average Daily Volume

16,636

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TECB	REW
30 Days	6.07%	-4.57%
60 Days	7.19%	-9.33%
90 Days	9.19%	-8.88%
12 Months	37.00%	-39.43%

37 Overlapping Holdings

Symbol	Grade	Weight in TECB	Weight in REW	Overlap
AAPL	C	4.13%	18.06%	4.13%
ADBE	C	2.97%	2.51%	2.51%
ADI	D	1.39%	0.65%	0.65%
ADSK	A	0.89%	0.63%	0.63%
AKAM	D	0.37%	0.23%	0.23%
AMD	F	2.91%	0.84%	0.84%
ANSS	B	0.4%	0.34%	0.34%
BAH	F	0.51%	0.17%	0.17%
CACI	D	0.28%	0.1%	0.1%
CRM	B	4.64%	2.4%	2.4%
EBAY	D	0.45%	0.41%	0.41%
ETSY	D	0.09%	0.09%	0.09%
FTNT	C	1.59%	0.25%	0.25%
GDDY	A	0.36%	0.19%	0.19%
GOOGL	C	3.42%	5.25%	3.42%
GWRE	A	0.1%	0.14%	0.1%
HPQ	B	0.54%	0.48%	0.48%
HUBS	A	0.51%	0.11%	0.11%
INTC	D	1.37%	3.85%	1.37%
INTU	C	1.12%	1.09%	1.09%
JNPR	F	0.3%	0.12%	0.12%
LUMN	C	0.1%	0.2%	0.1%
MCHP	D	0.46%	0.39%	0.39%
META	D	4.07%	4.46%	4.07%
MSFT	F	3.47%	17.29%	3.47%
NOW	A	3.13%	0.87%	0.87%
NTAP	C	0.38%	0.21%	0.21%
NVDA	C	4.32%	2.26%	2.26%
OKTA	C	0.32%	0.21%	0.21%
ORCL	B	4.5%	1.77%	1.77%
PANW	C	3.41%	0.35%	0.35%
QCOM	F	2.28%	1.63%	1.63%
SNAP	C	0.15%	0.22%	0.15%
SSNC	B	0.1%	0.21%	0.1%
TWLO	A	0.24%	0.22%	0.22%
TXN	C	2.38%	1.83%	1.83%
WDC	D	0.31%	0.3%	0.3%

TECB Overweight 127 Positions Relative to REW

Symbol	Grade	Weight
NFLX	A	4.98%
AMZN	C	3.83%
V	A	2.96%
MRK	F	2.72%
MA	C	2.59%
ISRG	A	2.56%
CRWD	B	2.17%
GILD	C	1.94%
REGN	F	1.37%
MELI	D	1.35%
EQIX	A	1.28%
MSTR	C	0.92%
DLR	B	0.88%
FI	A	0.77%
SNOW	C	0.77%
TEAM	A	0.59%
AME	A	0.59%
PYPL	B	0.54%
IRM	D	0.51%
ZS	C	0.5%
CPNG	D	0.41%
COIN	C	0.34%
MDB	C	0.33%
SQ	B	0.31%
FIS	C	0.29%
INCY	C	0.27%
NTNX	A	0.25%
PINS	D	0.23%
PSTG	D	0.23%
MRNA	F	0.22%
S	B	0.2%
GPN	B	0.18%
SAIC	F	0.17%
SRPT	D	0.17%
EXEL	B	0.17%
CPAY	A	0.16%
BR	A	0.16%
QLYS	C	0.15%
RVMD	C	0.14%
VRNS	D	0.14%
TENB	C	0.13%
CVLT	B	0.11%
GTLB	B	0.11%
DBX	B	0.1%
TOST	B	0.1%
AFRM	B	0.1%
BPMC	C	0.1%
CFLT	B	0.1%
PARA	C	0.09%
CGNX	C	0.09%
SOFI	A	0.09%
LSCC	D	0.09%
TW	A	0.09%
JKHY	D	0.08%
ALTR	B	0.08%
ALRM	C	0.08%
BSY	D	0.08%
RPD	C	0.07%
BILL	A	0.06%
MKTX	D	0.06%
ACLX	C	0.06%
WEX	D	0.05%
CALX	D	0.05%
INFA	D	0.05%
PEGA	A	0.05%
YOU	D	0.05%
AI	B	0.05%
LGND	B	0.04%
QTWO	A	0.04%
PTON	B	0.04%
OMF	A	0.04%
FRSH	C	0.04%
FOUR	B	0.04%
TWST	D	0.04%
SWTX	C	0.04%
TDC	D	0.04%
SLAB	D	0.04%
PRGS	A	0.04%
BCRX	D	0.03%
AVPT	A	0.03%
EEFT	B	0.03%
DVAX	C	0.03%
WK	B	0.03%
CCCS	B	0.03%
BEAM	D	0.03%
IOVA	F	0.03%
ATEN	B	0.03%
DOCN	D	0.03%
UPST	B	0.03%
ACIW	B	0.03%
GERN	D	0.03%
PAR	B	0.02%
SYM	C	0.02%
VERX	B	0.02%
FLYW	C	0.02%
MTTR	B	0.02%
NVAX	F	0.02%
BL	B	0.02%
VIRT	B	0.02%
NCNO	B	0.02%
ZUO	B	0.02%
SIRI	C	0.02%
CWAN	B	0.02%
APPN	B	0.02%
NTLA	F	0.02%
INTA	A	0.02%
XNCR	B	0.02%
DDD	C	0.01%
ARCT	F	0.01%
MQ	F	0.01%
BMBL	C	0.01%
DFIN	D	0.01%
AVDX	B	0.01%
VIR	D	0.01%
RCUS	F	0.01%
BASE	C	0.01%
ALKT	B	0.01%
PRLB	A	0.01%
CXM	C	0.01%
FSLY	D	0.01%
VMEO	B	0.01%
PAYO	A	0.01%
ENVA	B	0.01%
WRLD	C	0.0%
LPRO	C	0.0%
RPAY	D	0.0%
DNA	F	0.0%

TECB Underweight 51 Positions Relative to REW

Symbol	Grade	Weight
GOOG	C	-5.24%
CSCO	B	-3.09%
AVGO	D	-1.82%
IBM	C	-1.82%
MU	D	-0.95%
AMAT	F	-0.86%
LRCX	F	-0.66%
CTSH	B	-0.51%
MSI	B	-0.45%
WDAY	B	-0.44%
KLAC	D	-0.42%
SNPS	B	-0.34%
VRSN	F	-0.33%
CDNS	B	-0.31%
SWKS	F	-0.31%
IAC	D	-0.3%
VEEV	C	-0.29%
HPE	B	-0.29%
CDW	F	-0.29%
MRVL	B	-0.28%
PAYC	B	-0.22%
STX	D	-0.21%
GRMN	B	-0.21%
IT	C	-0.21%
RNG	B	-0.21%
QRVO	F	-0.2%
LDOS	C	-0.2%
EPAM	C	-0.19%
ANET	C	-0.18%
TYL	B	-0.18%
TTD	B	-0.17%
FICO	B	-0.17%
TER	D	-0.17%
DOX	D	-0.15%
ON	D	-0.15%
DXC	B	-0.14%
AZPN	A	-0.14%
OLED	D	-0.13%
DOCU	A	-0.13%
DELL	C	-0.12%
FFIV	B	-0.12%
PTC	A	-0.12%
DAY	B	-0.11%
MPWR	F	-0.11%
ENTG	D	-0.11%
CIEN	B	-0.1%
XRX	F	-0.1%
LITE	B	-0.09%
SNX	C	-0.09%
Z	A	-0.09%
MKSI	C	-0.09%